LONDON–(BUSINESS WIRE)–Technavio has been monitoring the machine vision camera market and it is poised to grow by USD 2.56 billion during 2020-2024, progressing at a CAGR of over 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Basler AG, Baumer Holding AG, Cognex Corp., FLIR Systems Inc., Hitachi Ltd., National Instruments Corp., OMRON Corp., Sony Corp., Teledyne Technologies Inc., and TKH Group NV are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The rising demand from non-industrial sectors has been instrumental in driving the growth of the market. However, the high cost of implementation might hamper market growth.
Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/machine-vision-camera-market-industry-analysis
Machine Vision Camera Market 2020-2024: Segmentation
Machine Vision Camera Market is segmented as below:
- Product
-
End-user
- Industrial
- Non-industrial
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Machine Vision Camera Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The machine vision camera market report covers the following areas:
- Machine Vision Camera Market Size
- Machine Vision Camera Market Trends
- Machine Vision Camera Market Industry Analysis
This study identifies the advent of integrated Industry 4.0 and Quality 4.0 with IoT as one of the prime reasons driving the machine vision camera market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Machine Vision Camera Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist machine vision camera market growth during the next five years
- Estimation of the machine vision camera market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the machine vision camera market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of machine vision camera market, vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market outlook
- Market sizing 2019
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- Line scan – Market size and forecast 2019-2024
- Area scan – Market size and forecast 2019-2024
- 3D – Market size and forecast 2019-2024
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
- Market segmentation by end-user
- Comparison by end-user
- Industrial – Market size and forecast 2019-2024
- Non-industrial – Market size and forecast 2019-2024
- Market opportunity by end-user
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- North America – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Increasing number of strategic alliances
- Advent of integrated Industry 4.0 and Quality 4.0 with IoT
- Technical advances
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Basler AG
- Baumer Holding AG
- Cognex Corp.
- FLIR Systems Inc.
- Hitachi Ltd.
- National Instruments Corp.
- OMRON Corp.
- Sony Corp.
- Teledyne Technologies Inc.
- TKH Group NV
PART 15: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 16: EXPLORE TECHNAVIO
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